By Huw Jones LONDON (Reuters) -Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial centre, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sustainable projects. The ministry said in an update to its Green Finance Strategy “we will …
Britain sets out next steps to green its financial system Read More »
LONDON (Reuters) – Britain said on Thursday it would increase the amount of funding for security at Jewish faith schools and synagogues for the coming year to enable them to better protect themselves against antisemitic attacks. The 15 million pounds ($18.50 million) for 2023-24, up 1 million pounds on the previous year, will fund things …
UK boosts funding to protect Jewish communities from antisemitic attacks Read More »
By Susanna Twidale LONDON (Reuters) – Britain has launched a 12-week consultation on measures such as a potential carbon border tax in an effort to protect businesses against cheaper imports from countries with less strict climate policies. The domestic emissions trading system (ETS) that charges power plants, factories and airlines for each tonne of carbon …
Britain launches consultation on carbon border tax Read More »
By Jonathan Allen and Brendan O’Brien NASHVILLE (Reuters) -First lady Jill Biden joined a memorial vigil in Nashville on Wednesday for the three children and three adults shot to death this week at a Christian day school, including two educators who were close friends of the Tennessee governor’s wife. The outdoor ceremony, attended by several …
Memorial for Nashville shooting victims: ‘Our hearts are broken’ Read More »
By Crispian Balmer and Alvise Armellini VATICAN CITY (Reuters) – Pope Francis has a respiratory infection and will need to spend “a few days” in hospital for treatment, the Vatican said in a statement on Wednesday, amid concern for the 86-year-old’s condition. The statement said the pontiff was taken to Rome’s Gemelli hospital after complaining …
Pope to spend ‘few days’ in hospital due to respiratory infection Read More »
SYDNEY (Reuters) – Qantas Airways Ltd and Airbus SE will jointly invest A$2 million ($1.34 million) in a biofuel refinery being set up in Australia’s Queensland state that would convert agricultural by-products into sustainable aviation fuel (SAF). The funds will be used for a detailed feasibility study and early-stage development of the proposed facility jointly …
Qantas, Airbus to invest in Australian biofuel refinery Read More »
By Valerie Volcovici WASHINGTON (Reuters) -The United Nations General Assembly voted on Wednesday to pass a resolution asking the world’s top court to define the obligations of states to combat climate change, a legal opinion that could drive countries to take stronger measures and clarify international law. The historic resolution seeking an advisory opinion from …
UN votes to ask world court to rule on national climate obligations Read More »
By Elisa Anzolin MILAN (Reuters) – Italian premium coffee maker Illycaffè, which reported a 16% increase in operating profit last year despite cost inflation, aims to expand in the United States, already its second biggest market after Italy. “We want to grow further, with another double digit increase,” Chief Executive Cristina Scocchia told Reuters. North …
Italy’s Illycaffe aims to make a bigger splash in the U.S. market, CEO says Read More »
LONDON (Reuters) – Britain’s government has lost tens of billions of pounds to fraud in recent years, with most public bodies unable to grasp the scale of the problem, the independent public spending watchdog said on Thursday. The National Audit Office (NAO) said government accounts pointed to fraud worth a total of 21 billion pounds …
Fraud in UK public spending soars under poor oversight – watchdog Read More »
(Reuters) – British car production rose 13.1% in February in its first monthly increase in three, helped by an easing of supply-chain snags and robust output in both domestic and overseas markets. Britain’s car output rose by 8,050 units to 69,707 units cars last month, with exports rising 11.5% and domestic output jumping 20.3%, the …
UK’s Feb car output jumps 13.1% as supply-chain snags ease Read More »
